Get started
telnemri

Why ~$2000 is a more likely bottom for Bitcoin

Bitcoin (BITSTAMP:BTCUSD)  
telnemri  
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Technical Indicators BTCUSD Bitcoin (Cryptocurrency) BTC bottom end trending analysis
5
0
trendanalysis chartpattern indicator btcusd bitcoin btc bottom end trending analysis
Comparing to the 2015 downtrend..
RSI hasn't tested the bottom again yet
Trend lines don't point to an end of the downtrend yet
Fib analysis shows current low point at the 3 level.. but I'd bet 1.618 would be a more likely bottom..
Good luck :)
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.